Кипр ОАЭ

Liquidation

We manage the full liquidation process for Mainland and Free Zone companies in the UAE — from shareholder resolution through regulatory deregistration — so founders close cleanly and eliminate ongoing costs.

 

What our clients face

Ongoing costs with no return

An inactive UAE company still requires licence renewals, registered agent fees, and accounting filings — expenses that serve no business purpose but accumulate every year.

Compliance exposure

Dormant entities can trigger penalties for missed regulatory filings, unresolved tax obligations, or lapsed visa sponsorships, creating liability that follows the founder.

Clean legal closure

Liquidation is the only way to formally terminate all government, banking, and employment relationships tied to the company and eliminate future obligations entirely.

Our approach

Full obligation mapping

We audit every regulatory, tax, immigration, employment, and banking relationship the company holds and build a single closure plan that addresses them in the correct sequence.

Direct authority handling

We manage all interactions with DET, Free Zone portals, the Federal Tax Authority, immigration and labour departments, and corporate banks — founders receive clear status updates, not forwarded government correspondence.

Zone-specific expertise

Free Zone liquidation requirements vary significantly between zones. We navigate each portal's specific documentary and procedural requirements to avoid delays caused by incorrect or incomplete filings.

Stages of work

Obligation audit

We review the company's licences, visas, employee records, bank accounts, tax registrations, and creditor positions to identify everything that must be resolved before deregistration.

Shareholder resolution and liquidator appointment

We prepare the formal resolution authorising liquidation, arrange notarisation, and appoint a qualified liquidator as required by law.

Regulatory filings and public notice

For Mainland companies, we submit documentation to DET and publish the mandatory notice in two local newspapers. For Free Zone entities, we file through the relevant zone's portal.

Closure of linked accounts and registrations

We coordinate cancellation of residence visas, termination of employment files, deregistration with the Federal Tax Authority, and closure of the corporate bank account.

Creditor settlement and asset distribution

Where the company has outstanding obligations, we manage creditor communications and settlement, then distribute remaining assets to shareholders per the resolution.

Final report and deregistration

We prepare the liquidator's report, file the final application, and obtain official deregistration confirmation — the entity ceases to exist and all founder obligations end.

Our case studies

Holding Restructuring and Minority Shareholder Exit

Client

Engineering company specializing in lightning protection systems

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Leaders of the Area

Alexandra Kurdiumova

Alexandra

Kurdiumova

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Discuss
the Task

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Speak to our team. Tell us about your task –

we’ll help you with it in any jurisdiction.

Tell us about your task –
we’ll help you with it in any jurisdiction.

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